iShares MSCI Brazil ETF $EWZ Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 92.6% during the fourth quarter, HoldingsChannel reports. The firm owned 95,164 shares of the exchange traded fund’s stock after buying an additional 45,742 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $3,023,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Truxt Investmentos Ltda. acquired a new position in iShares MSCI Brazil ETF in the third quarter valued at $25,000. Ameriflex Group Inc. increased its stake in iShares MSCI Brazil ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 440 shares during the period. NewEdge Advisors LLC increased its stake in iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 1,500 shares during the period. Triumph Capital Management acquired a new position in iShares MSCI Brazil ETF in the third quarter valued at $90,000. Finally, Krilogy Financial LLC acquired a new position in iShares MSCI Brazil ETF in the fourth quarter valued at $183,000. 72.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA EWZ opened at $35.91 on Friday. The firm has a market cap of $10.48 billion, a PE ratio of 9.58 and a beta of 0.65. iShares MSCI Brazil ETF has a one year low of $26.30 and a one year high of $42.02. The firm’s fifty day moving average is $38.42 and its two-hundred day moving average is $36.09.

iShares MSCI Brazil ETF Profile

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.